A well-crafted PMP provides the necessary structure to carry out a project successfully. It helps to assign roles and specific tasks throughout the lifecycle of the project while also communicating important milestones to keep your team on track. Beyond creating a smoother project for your employees, a proper Project Management Plan can be instrumental in keeping upper-level executives informed about the project as a whole. Informing decision makers about the timeline, resources involved, anticipated setbacks, and communication processes will help instill confidence in them about the project.